Cole Wilcox, chief executive officer and chief investment officer of Longboard Asset Management, has some lofty goals for the alternative mutual fund shop this year.

Wilcox told Money Management Executive that the firm plans to raise $300 million for its fledgling Managed Futures Strategy Fund (WAVIX), which launched in November 2012 and is currently managing some $20 million in assets. To that end, Wilcox has hired Clint Kruse as managing director of national accounts to establish relationships with wirehouses such as Morgan Stanley and UBS. Kruse formerly worked with RS Funds in the same capacity.

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